A Look at Kubota's Upcoming Earnings Report

Kubota KUBTY is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement.

Analysts estimate that Kubota will report an earnings per share (EPS) of $1.41.

Anticipation surrounds Kubota's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

Last quarter the company beat EPS by $0.80, which was followed by a 1.48% increase in the share price the next day.

Here's a look at Kubota's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 1.33 2.14 0.70 1.16
EPS Actual 2.13 2.09 1.61 1.57
Price Change % 1.0% -0.0% 2.0% -3.0%

eps graph

Kubota Share Price Analysis

Shares of Kubota were trading at $66.5 as of October 21. Over the last 52-week period, shares are down 1.41%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Kubota visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
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